NOT LISTED FOR SALE

8008 S Bicentennial Loop SE Lacey, WA 98503

Estimated Value: $390,166 - $614,000

6 Beds
2 Baths
2,268 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $156,400 $69 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,193/month

271 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of November 2013

Great investment property close to Hawks Prairie Shopping just off Marvin & Martin. Per assessor: Duplex is made up of two 3 bedroom 1 bath units with fireplaces. Add this to your portfolio or consider owner occupied possibilities for a first time investor. Additional duplex for sale at 8150 Bicentennial.

Last Agent to Sell the Property

Susan Draper

Wilcox Real Estate License #18375 Listed on: 08/23/2012

Last Buyer's Agent

Kelli Morgan

Group 7 Inc., Real Estate Serv License #46356

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 397256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lydia Hawk Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Septic Tank

Community Details

  • Tanglewilde Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34570006801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2268
  • Special Features: 12
  • Cumulative Days on Market: 624

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: Puget Sound Energy
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 34570006801
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 12848
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 2268
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2652

MLS Schools

  • Elementary School: Lydia Hawk Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 30, 2013
Sold by
Unroe Ernest L and Unroe Susan C
Bought by
Hirzel Unroe Llc
Seller's Agent
Susan Draper
Wilcox Real Estate
Buyer's Agent
Kelli Morgan
Group 7 Inc., Real Estate Serv
List Price
$175,000
Sold Price
$156,400
Premium/Discount to List
-$18,600
-10.63%
Total Days on Market
271
Current Estimated Value
$503,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,392
Avg. Annual Appreciation
10.70%
Original Mortgage
$80,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 29, 2013
Sold by
Fama Kenneth
Bought by
Unroe Ernest and Unroe Susan
Seller's Agent
Susan Draper
Wilcox Real Estate
Buyer's Agent
Kelli Morgan
Group 7 Inc., Real Estate Serv
List Price
$175,000
Sold Price
$156,400
Premium/Discount to List
-$18,600
-10.63%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Hunt Robert D
Bought by
Fama Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
6.07%
Mortgage Type
Stand Alone Second
Source: Public Records

Similar Home in the area

  • 4722 Carpenter Rd SE, Olympia, WA 98513

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 4722 Carpenter Rd SE
    • Olympia, WA

    Fantastic duplex ready for owner occupant or investor! One side has been thoroughly remodeled and is ready for occupancy. Fresh paint, new flooring, new cabinets/countertops, new tub/shower, mini-split and more. This duplex is the perfect kind of long term real estate investment, units are always rented, vacancy is low. The garages divide the units for noise privacy. Washer/dryer hookup are in

    Phil Harlan Keller Williams South Sound

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hirzel Unroe Llc -- None Available
Unroe Ernest $156,400 Stewart Title Of Western Was
Fama Kenneth J $267,000 Thurston County Title
Fama Kenneth J -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirzel Unroe Llc $350,000
Closed Hirzel Unroe Llc $80,000
Previous Owner Fama Kenneth J $53,400
Previous Owner Fama Kenneth J $213,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2013 11/18/13 Sold $156,400 -10.6% $69 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
08/23/2012 08/23/12 For Sale $175,000 -- $77 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,515 $510,600 $242,500 $268,100
2023 $4,515 $466,000 $205,200 $260,800
2022 $3,283 $356,100 $140,400 $215,700
2021 $3,621 $277,200 $101,300 $175,900
2020 $3,231 $273,800 $83,800 $190,000
2019 $2,749 $250,000 $96,100 $153,900
2018 $3,488 $242,900 $83,600 $159,300
2017 $2,861 $206,100 $49,900 $156,200
2016 $2,373 $189,150 $52,150 $137,000
2014 -- $166,350 $52,150 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 397256

Northwest Multiple Listing Service (NWMLS)

APN: 34570006801